Filed March 11, 2020
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,611 | $65,409+20.2% | $98,442-20.1% | $85,850-8.4% |
| Participation rate | 34.6% | 65.0%-30.4pp | 73.3%-38.7pp | 69.3%-34.7pp |
| Annual return | 20.25% | 21.76%-1.5pp | 1492.73%-1472.5pp | 318.53%-298.3pp |
| Employer contribution / active EE | $1,296 | $2,168-40.2% | $2,960-56.2% | $2,565-49.5% |
| Participant deferral / active EE | $2,454 | $3,166-22.5% | $4,276-42.6% | $3,952-37.9% |
| Admin fee / account holder | $1,907 | $4,593-58.5% | $5,949-67.9% | $6,260-69.5% |